China ends US sorghum anti-dumping probe, OKs Toshiba deal

HONG KONG - China has dropped an anti-dumping investigation and given long awaited approval for the sale of Toshiba's memory chip business, in gestures that could suggest a thaw between Beijing and the U.S. as trade talks resumed in Washington.
The Commerce Ministry said Friday ended the probe into imported U.S. sorghum because it's not in the public interest. A day earlier, Beijing cleared the way for a group led by U.S. private equity firm Bain Capital to buy Toshiba Corp.'s computer memory chip business.
The moves signaled Beijing's willingness to make a deal with Washington amid talks...Read more ...

As China-U.S. trade talks resumed in Washington, China said Friday it

As China-U.S. trade talks resumed in Washington, China said Friday it is dropping anti-dumping and anti-subsidy investigations into imported U.S. sorghum, saying it is not in the public interest.Read more ...

China denies offering $200 bln package to slash trade gap

China dropped its anti-dumping probe into imports of U.S. sorghum on Friday, beating a hasty retreat from a dispute that wreaked chaos across the global grain market. But as Ciara Lee reports, it has denied reports that it had offered a package to slash the U.S. trade deficit by up to $200 billion.Read more ...